See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $28,912 |
PURDY, DONOVAN, & BEAL, LLP4+ years Service code 10 · EIN 38-1339335 | Accounting | $19,325 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,832 | $45,382+18.6% | $154,107-65.1% | $75,289-28.5% |
| Participation rate | 51.9% | 65.9%-14.0pp | 83.0%-31.2pp | 72.4%-20.5pp |
| Annual return | -5.72% | -0.47%-5.3pp | 735.12%-740.8pp | -0.04%-5.7pp |
| Employer contribution / active EE | $0 | $1,533-100.0% | $5,298-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $2,811 | $2,384+17.9% | $5,081-44.7% | $3,739-24.8% |
| Admin fee / account holder | $25 | $89-71.9% | $13,411-99.8% | $102-75.5% |